The purpose of this paper is to address the crucial problem faced by managers in choosing between fair value and cost method using a systematic and rationale ranking of various criteria. The approach used to solve such problem is the analytical hierarchy process developed by Saaty (1980). The...

Purpose – The purpose of this paper is to meta-analyze the results of 22 empirical studies that examine the relationship between voluntary disclosure and cost of equity capital. The authors examine whether differences in results are attributable to moderating effects related to disclosure...